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Interesting SIGTARP report gives lots of details [View All]

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Home » Discuss » Topic Forums » Economy

JDPriestly

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Sat Oct-01-11 01:53 AM
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Interesting SIGTARP report gives lots of details

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about the outcomes of the stress tests performed on the big banks and the terms under which specific banks repaid TARP.

http://www.sigtarp.gov/reports/audit/2011/Exiting_TARP_Repayments_by_the_Largest_Financial_Institutions.pdf

I was alerted to the issuance of this report by an article in Le Monde. I'd love some comments from those DUers who understand banking really well on it. I think I understand it, but would not want to attempt to summarize it here on DU. It's a long report, but read the intro and then skip to page 59 for a sort of summary. I don't think it is necessary to read every detail about each of the individual banks discussed.

Comments appreciated.

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